Big V Property Group Acquires Retail Property In San Antonio For $219.7M
17703 La Cantera Parkway
$219,700,000
$210/SF
Building Size
1,042,000 SF
Asset Type
Retail
Closing
Jan 27, 2021
AI
The retail property located at 17703 La Cantera Parkway in San Antonio was recently sold for a price of $219,700,000. The transaction took place on January 27, 2021, and the property spans a total area of 1,042,000 square feet, resulting in a price per square foot of $211. The buyer of the property was Big V Property Group, represented by Jeffrey Rosenberg.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $219,700,000
- Address: 17703 La Cantera Parkway
- Market: San Antonio
- Buyer: Big V Property Group - Jeffrey Rosenberg
- Brokers: JLL
- Square Footage: 1,042,000
- Price per Square Foot: $211
JLL served as the brokers for this transaction. This sale represents a significant investment in the San Antonio retail market and highlights the confidence of the buyer, Big V Property Group, in the potential of this property. The involvement of Jeffrey Rosenberg from Big V Property Group further reinforces their commitment to the transaction. This sale further strengthens the position of both the buyer and the seller in the retail real estate market.
San Antonio Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93